National Auto Dealer Assoc. says it’s all in on EVs. Will dealers step in line?
Electrek
JANUARY 13, 2022
more… The post National Auto Dealer Assoc. Will dealers step in line? says it’s all in on EVs. appeared first on Electrek.
Automobile Dealers News Price 
Survey Shows Auto Dealers Still Annoyed With Biden EV Strategy
The Truth About Cars
FEBRUARY 1, 2024
A recent survey, conducted by Automotive News , has indicated that automotive dealerships are still broadly dissatisfied with the Biden administration’s strategy to force the United States to pivot toward all-electric vehicles. As for dealers, there’s some amount of disagreement as to what’s holding EVs back.
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Price wars fail to boost China's auto consumption
CN EV Post
APRIL 6, 2023
Many automakers in China launched rare price wars in March to try to boost sales. China's switch to the 6b emissions standard was not the main reason for the wave of price cuts, the CADA said, adding that most dealers said their inventories of 6a-based vehicles are not high and could be cleared by the end of June. Of those, 20.5
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Lucid Motors, Rivian sued by Illinois car dealers for direct sales
Teslarati
APRIL 1, 2021
Lucid Motors and Rivian were sued by the Illinois Automobile Dealers Association, the Chicago Automobile Trade Association, and some individual franchised auto dealerships in the state for selling vehicles directly to consumers. Sander represents more than 700 auto dealers that operate over 2,300 franchises across the state.
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FTC Launches “Combating Auto Retail Scams” Rule
The Truth About Cars
DECEMBER 13, 2023
The Federal Trade Commission (FTC) has announced the finalization of the new Combating Auto Retail Scams (CARS) rule designed to prevent auto dealers from utilizing bait-and-switch tactics and hidden junk fees. If consumers see that a dealer is complying with the CARS Rule, it adds a measure of confidence. That shouldn’t happen.
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Electric two-wheeler sales dip in April, other segments surge | Autocar Professional
Baua Electric
MAY 9, 2024
Sales of electric two-wheeler vehicles, the mainstay of India’s EV market, witnessed a slight decline in April compared to the same month last year, according to data released on Thursday by the Federation of Automobile Dealers Associations (FADA). to 510 units. Collectively, it claims it employs 4.5
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China to allow extended sales periods for ICE models based on existing emissions standard, report says
CN EV Post
MARCH 29, 2023
Price war has been the most talked about topic in China's auto industry this month, and the imminent implementation of a new emissions standard is seen as a major factor. This was seen as the beginning of the massive outbreak of the price war.
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Column: Announcing ‘deny thank you’ to auto mortgage pre-qualification
Baua Electric
MAY 6, 2023
Given the way in which automobile costs have risen, it’s now not unexpected that dealers and lenders have followed some loan business practices. However mortgage pre-qualification carries with it alternative prices for many who like to barter.
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Report: Vehicle Supplies Are Climbing Back Up
The Truth About Cars
FEBRUARY 26, 2024
Vehicle pricing also dropped slightly, though presumably not enough to send anyone running out the door to buy a new automobile due to how outrageously high they’ve been over the last several years. From Cox Automotive: The average new-vehicle listing price opened February at $47,142, down 1 [percent] from a year ago.
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In the Hot Seat: The Kia Telluride Is Being Recalled Over Fire Fears
The Truth About Cars
JUNE 7, 2024
Some readers see it as one of the best-equipped SUVs available in its price range. Others see it as over-hyped trash that has somehow managed to garner loads of positive reviews and issue mocking praise in the comments about how it’s easily the greatest automobile ever manufactured. Seat slide knobs will also be swapped out.
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Ford Scales Back Michigan Battery Plant Investments
The Truth About Cars
NOVEMBER 21, 2023
“We’ve been studying this project for the past couple of months, and I think we’re all aware that EV adoption is growing, and we expect that to continue actually, but it’s not growing at the pace that I think ourselves and the industry had expected,” Truby was quoted by Automotive News as saying during a press call. Image: Ford Motor Co.]
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Worn-vehicle shops shifted Q1 objectives to learn over quantity
Baua Electric
MAY 19, 2023
Reasonable rude benefit consistent with older automobile at Sonic Car Inc.’s Sonic mentioned the typical rude benefit consistent with automobile and F&I at its used-only EchoPark industry used to be $1,907 within the first quarter, a shed of 30 p.c. ’s franchised dealerships fell 6 p.c
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Louisiana Dealership caught posting misleading Ford F-150 EV listing on Facebook
Teslarati
SEPTEMBER 9, 2022
In a tip emailed to Teslarati , our reader shared photos of a conversation with the dealer rep in a private Facebook group. At the very bottom of the description, it was noted that the $5,000 price was the “ suggested deposit WAC.”. . Follow us for interactive news & more. I did some digging and easily found the listing.
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Changan's EV brand Shenlan offers up to $6,030 discount on vehicle purchases
CN EV Post
MARCH 10, 2023
Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. For more articles, please visit CnEVPost.
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GM workaround for transport snags: Broker pickup from the manufacturing unit
Baua Electric
SEPTEMBER 8, 2023
GM has labored to seek out inventive techniques round logistics stumbling blocks, from purchasing its personal fleet of vans and excess capability via third-party carriers to uploading the South Korea-made Chevrolet Trax on container vessels in lieu than conventional automobile shipment ships, Bell stated. “We’re entrepreneurs.
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VinFast Still Kicking and Planning to Show Vehicles at CES
The Truth About Cars
JANUARY 5, 2024
But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles. Shortly after VinFast confirmed its attendance at CES, it announced that it had officially signed agreements with five dealers in four states across the country to have them play host to its products.
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OBA L5 e-auto
Electric Vehicles India
APRIL 23, 2021
An Uttar Pradesh based electric vehicles manufacturing industry OBA (Om Balajee Automobile India Pvt. Om Balajee Automobile India Pvt.Ltd. Om Balajee Automobile India Pvt. The company has also brought its passenger electric three-wheeler Ape E-City 2021 version with a price tag of 2.83 OBA L5 e-auto.
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Report: Aston Martin Actually Won’t Be Going All Electric
The Truth About Cars
APRIL 12, 2024
Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles. Get the latest news, features,& TTAC& takes, and everything else that gets to the truth about cars first by& subscribing to our& newsletter.
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China’s new energy vehicle sales drop m/m for first time since Aug – ET Auto
Baua Electric
FEBRUARY 7, 2024
from December, the first such slide since November, according to data from the China Association of Automobile Manufacturers (CAAM). New energy vehicle (NEV) sales, accounting for 29.9% CAAM data tracks automakers’ sales to dealers and includes commercial vehicles such as trucks unless specified. million units, up 47.9%
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8.77 lakhs Electric Vehicles are plying on Indian roads
Electric Vehicles India
DECEMBER 21, 2021
Under Phase-II of the FAME-India Scheme, incentives are provided to buyers of electric vehicles in the form of an upfront reduction in the purchase price of electric vehicles. The government has approved the Production Linked Incentive (PLI) Scheme for Automobile and Auto Components with a budgetary outlay of Rs.
Fiat month in U.S. fasten to unutilized chief, go back of 500e
Baua Electric
JUNE 3, 2023
Brian Moody, government scribbler for Kelley Blue Accumulation and Autotrader, mentioned a low-priced, medium-range EV could be a excellent have compatibility for suburban patrons within the U.S. The 500e’s debut upcoming occasion will give the emblem two automobiles. That puts immense pressure on the reintroduction of the 500e.”
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Reducing the cost of electric vehicles
Electric Vehicles India
DECEMBER 14, 2021
The Government on 12th May 2021 approved a Production Linked Incentive (PLI) scheme for manufacturing of Advanced Chemistry Cell (ACC) in the country in order to bring down prices of batteries in the country. Drop-in battery price will result in cost reduction of electric vehicles. for a period of five years.
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Vehicle scrappage policy to reduce cost of EVs says Nitin Gadkari
Electric Vehicles India
AUGUST 18, 2021
The Union Road Transport and Highways Minister Nitin Gadkari have once again explained that the National Automobile Scrappage Policy will help to increase the economic growth and boost employment generation in the country. He also said that this policy will also help to increase sales of new vehicles. Vehicle scrappage policy.
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Here’s how China’s BYD is working on its image problem
Baua Electric
FEBRUARY 1, 2024
But as the EV giant makes inroads outside of China, it is looking to change that, the old-school way, dealer by dealer. European consumers have no inkling of Chinese brands,” Daniel Kirchert, the head of e-mobility consultancy Noyo and former BMW executive, told Automotive News Europe.
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India’s EV sales seen doubling led by battery-powered scooters
Electric Vehicles India
APRIL 8, 2022
Retail sales in India of electric vehicles led by battery-powered scooters and rickshaws will almost double in the current budgetary year starting April 1 as demand for such transportation picks up, according to a dealers’ body. Vinkesh Gulati, president of the Federation of Automobile Dealers Associations, said at an event Tuesday.
MintList public sale platform makes bid for sellers in Ontario
Baua Electric
JUNE 26, 2023
Prominent Govt Officer Mike Plank stated the web device isn’t designed to disrupt the dealership type however to scale down out the “ugly bits” of transactions for each customers taking a look to promote or deal their older automobiles and dealerships taking a look to shop for them. It’s complete transparency on what your car is worth.”
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Tesla’s war against direct sales wages on with big win in Virginia
Teslarati
JULY 30, 2021
This decision goes against the wishes of the Virginia Automobiles Dealers Association (VADA), which will not plan a legal challenge. Tesla will still need to obtain a license issued by the Motor Vehicle Dealer Board to have permission to operate as a car sales entity. Holcomb also granted Tesla this license.
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Report: Mitsubishi Planning Dealer Expansion, More Models for U.S.
The Truth About Cars
MAY 23, 2024
With new vehicle prices having surpassed parody, any automaker building affordable vehicles may soon find themselves getting a lot of attention from customers who just want something that will work for under $40,000 and that’s basically all Mitsubishi sells. But they have no dealer nearby to make that purchase." sales market.
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2023 Volkswagen Jetta Review – Getting the Basics Right
The Truth About Cars
AUGUST 11, 2023
But sometimes, an automobile is truly unpretentious and does the basics well without any fluff. The as-tested price seemed a bargain at $26K. In a world where the average transaction price of a new automobile is nearly $50K and additional dealer markups are all too common, it’s nice to know that value propositions still exist.
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VinFast’s paltry U.S. new-vehicle registrations distinction with conserve marketplace enthusiasm
Baua Electric
AUGUST 17, 2023
VinFast began uploading VF 8s in December and had introduced in slightly below 2,000 automobiles as of July, a spokesperson mentioned closing while. “We are switching to a hybrid model where we have our own showrooms, as well as talking to dealers to open dealer showrooms,” Thuy mentioned.
Telangana sold only 6000 electric vehicles under FAME scheme
Electric Vehicles India
DECEMBER 22, 2021
The minister said sales of electric automobiles have been affected in the last two years due to the spread of COVID-19 in the country. “Production and sales of automobiles have been impacted due to lockdown imposed to contain the spread of COVID-19,” he added. For the latest electric vehicles news, follow electricvehicles.
China's transition to new emission standard: How will this affect auto market?
CN EV Post
MARCH 12, 2023
The recent price war in China's auto market has put a new emission standard that will come into effect in a few months' time in the spotlight. CnEVPost obtained the views of several local analysts, which provide references on what impact that new emission standard will have on the auto industry. percent in February, up 2.0
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Broker-backed VC investmrent raises $13 million, not up to goal
Baua Electric
MAY 30, 2023
Automobile Ventures raised $13 million for a untouched investmrent subsidized by means of dealerships hoping to put money into album generation that would aid them do their jobs higher. Clay Cooley, CEO, Clay Cooley Auto Staff; and Liza Borches, CEO of Carter Myers Automobile. The investmrent closed in April.
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Pure EV dealerships in India
Electric Vehicles India
NOVEMBER 21, 2021
Elegant Automobile. New Delhi. New Delhi. Green Energy Automobiles. If you are an EV manufacturer or EV Dealer or EV Supporter who want to share news related to electric vehicles on our website, please send an email to crm@electricvehicles.in. For the latest electric vehicles news, follow electricvehicles.
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Rare Rides Icons: The Cadillac Eldorado, Distinctly Luxurious (Part X)
The Truth About Cars
DECEMBER 7, 2023
The new take and lower price resonated with consumers and sales jumped immediately. Boldened, in 1955 a refreshed Eldorado appeared with a new rear end treatment that featured large fins not found on other Cadillac models. We’ll pick up there next time and discuss the second-gen Eldorado’s pricing and sales figures.&
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Hyundai and Kia are closing the gap with Tesla as US EV market share hits double-digits
Baua Electric
JUNE 10, 2024
Offering over 300 miles range, fast charging in under 20 mins, and an affordable price tag, the Korean automakers are making their presence known in the US. According to data from the Korean Automobile & Mobility Association (via BusinessKorea ), after selling 48,383 EVs in the US through May, Hyundai Motor accounted for 11.2%
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Report: Auto Loan Rejections Are Up and Poised to Keep Increasing
The Truth About Cars
AUGUST 1, 2023
With dealer lots starting to fill back up with product after years of lean inventories that encouraged salespeople to ask for absolutely ludicrous prices, the Federal Reserve has found that lenders are declining would-be borrowers at a record-setting pace.& & The reasons for this are many. percent of mortgages, and 20.8
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BMW electrifies 5 Sequence with tough i5 electrical sedan
Baua Electric
MAY 24, 2023
automobile lineup. 2 dealer, next the Lexus ES, amongst luxurious midsize vehicles in 2022, with gross sales of 20,859, indisposed 15 %. When hooked up to a DC hasty charger, the charging price of 205 kW permits the i5 battery to be crowned off to 80 % from 10 % in about half-hour. It was once the Refuse. The 2024 i5 has an 84.3-kilowatt-hour
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Hyundai IONIQ T10 emerges as a potential electric F-150 Lightning pickup rival
Baua Electric
FEBRUARY 8, 2024
According to a new trademark filing uncovered by the folks at Drive in Australia, Hyundai looks to be going big with the IONIQ T10. The filing is classified under “automobiles, electric cars…trucks, lorries, [and] sports utility vehicles.” You can use our links below to find some of the best deals on Hyundai’s EVs at a dealer near you.
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BGAUSS has launched a new e-scooter, the BGAUSS C12
Electric Vehicles India
MARCH 13, 2023
This may be a new name to you, but it must be the first time you have heard it. BGAUSS is a company that develops and manufactures various electric appliances that are familiar to us, but now we are also entering the automobile industry. Today, March 13, 2023, BGAUSS launched the brand-new electric scooter BGAUSS C12.
Electric Cars in India 2021
Electric Vehicles India
JUNE 2, 2021
When the world Automobile industry is rapidly shifting towards EVs. Especially from the last 2 years, India’s electric vehicle sales are increasing even faster than petrol prices. The ex-showroom price of Storm R3 is 4 lakh 50,000 rupees and you can pre-book this electric car with a fully refundable amount of 10,000 rupees. .
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AutoCanada says used-vehicle area has ‘wide-open runway’ to develop
Baua Electric
MAY 29, 2023
older automobiles for each and every current car pushed off the dozen. 72 older automobiles for each and every current sale. Consumers also are feeling monetary power on account of fresh rate of interest hikes, chief many to hunt automobiles with cheaper price issues, which continuously approach older, Antony added.
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Indian market to remain flat in 2024, Kia to grow by 13% – Kia global CEO Song | Autocar Professional
Baua Electric
APRIL 5, 2024
Additionally, we plan to expedite new dealer recruitment to rapidly build our sales growth capabilities,” he said. The Kia CEO expects the global automobile demand in 2024 is forecasted to reach 81.8 In Europe, we forecast a growth of +2.4%, influenced by the rise in vehicle prices and a contraction of the ICE market.
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Vehicles.com Q1 income and internet source of revenue climb; broker consumers dip
Baua Electric
MAY 4, 2023
It snatched up automobile monetary era corporate CreditIQ in 2021. Vehicles.com mentioned it introduced pristine market programs and altered subscription pricing within the first quarter to house the additions. In 2022, Vehicles.com bought Accu-Business, a supplier of car appraisal and valuation information and logistics era.
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